Key Components for Fiduciary Rule Proposal Systems

In April, brokerages must demonstrate a commitment to clients’ best interests. Morningstar can help.

Dec 06, 2016

Morningstar Logo

The April 10 deadline for the Department of Labor’s fiduciary rule is just months away, and a key aspect of preparing for this deadline is figuring out how a broker/dealer’s advisors are going to present best-interest advice to investors. Proposals from broker/dealers will be required to support the best interests of investors and illustrate the total cost of their advice, and Morningstar can help.